Tourism is steady year-round, and the buy-in is way more accessible than places like San Diego, which means investors can start seeing returns much sooner.Appreciation isn’t massive, but it’s been consistent- especially in areas close to the lake or big attractions.

Quote from @James McGovern: Is there any guidance published on tactics that new home builders should embrace such as one sided contracts to excessive markups on upgrades?

Maybe not in the short term, but definitely over time.I think part of the answer is to stop thinking “stick built only” and embrace what I’ll call "Precision-Built Housing" (simply because of the stigma "manufactured" has). 

If you plan to operate in an area that's event-driven and has high tourism, it may definitely be worth it. 

The play leans towards NC as migration and tourism is showing stronger growth trends, higher migration trends on the East side of the mountains, acquisition is lower, and seasonality is strong due to overlaying factors. 

Streamline the process with models or spreadsheets and embrace the evolution of underwriting skills through continuous learning.

Home prices are lower than Nashville’s, and tourism demand is strong, which makes it easier to generate consistent short-term rental income.If you’re looking more at appreciation and long-term growth, Nashville has been outperforming with faster price increases, but the higher entry cost and tighter STR regulations make cash flow a bit tougher.Since you already own a long-term rental in Orlando, you might find it easier to scale there — but if you’re comfortable with higher upfront costs and want stronger appreciation potential, Nashville could be worth the move.

In Georgia, there are some cities beyond Orlando that are showing promise: places like Savannah which has logistics growth + tourism + relatively lower entry prices, Athens with the University of Georgia driving stable demand, Augusta which has been growing in rentals and value, Macon which is still more affordable and showing rising interest for long-term rentals, and suburbs of Atlanta like Duluth and Smyrna which are getting spillover demand from people priced out of the core.

Tourism is down slightly, but since supply is so high, its enough to really put a strain on bookings. 

@Maria CarterHocking Hills and Red River Gorge are both strong STR markets because they draw steady tourism, especially for outdoor activities.